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Please Help!!! Stave Prinen and Chelsy Parnard formed a partaneship- d.docx

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Please Help!!! Stave Prinen and Chelsy Parnard formed a partaneship, dividing inroma as follows: 1. Annual salary allowarice to Eerrard of 5145,350 . 2. Interest dof 6 a d each partner's capital balance on Januari 1. 3. Any rerrairing net incarre divided to Printe and Bernard, 1 : 2 . Prince and Bernerd had $93 , 000 end $51 , 000 , respectlvely, in thelr andary 1 capltal balances. Net Income ror the year was s255,000. Required: How much net income should be distributed to Prince and eernerd? Prince: S Bernerd: : .

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Please Help!!! Stave Prinen and Chelsy Parnard formed a partaneship, dividing inroma as follows: 1. Annual salary allowarice to Eerrard of 5145,350 . 2. Interest dof 6 a d each partner's capital balance on Januari 1. 3. Any rerrairing net incarre divided to Printe and Bernard, 1 : 2 . Prince and Bernerd had $93 , 000 end $51 , 000 , respectlvely, in thelr andary 1 capltal balances. Net Income ror the year was s255,000. Required: How much net income should be distributed to Prince and eernerd? Prince: S Bernerd: :

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